7, WOODLANE, FALMOUTH, TR11 4RG - £565,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 WOODLANE is a large detached house of 123m², built sometime between 1930 and 1949. It was last sold for £565,000 in October 2018, which was around 68% above the average October 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was D.

7 WOODLANE Sold Prices

Land registry data shows three sales for 7 WOODLANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three 7 WOODLANE sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 10 OCT	£565,000	£336,290	68% above HPI
2009 26 OCT	£370,000	£260,752	42% above HPI
1998 4 DEC	£73,000	£90,728	20% below HPI

7 WOODLANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 7 WOODLANE sales between December 1998 and October 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2009 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2018 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 7 WOODLANE?

7 WOODLANE is 123m² according to the EPC inspection conducted in July 2018. This puts it in the largest 40% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where 7 WOODLANE lies on this distribution: 61% of detached houses are smaller than 7 WOODLANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

7 WOODLANE: Plot and Title Map

7 WOODLANE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 7 WOODLANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 WOODLANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 WOODLANE?

7 WOODLANE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 7 on WOODLANE.